Revolutions in both the nature and diffusion of technology in the 21st Century will dramatically improve human lives.
The rapid diffusion of healthcare science and technology information throughout the community in recent years has been precipitated by exponential growth of the engineering, information technology and biotech industries. The convergence of these three industries: engineering, IT, and biotech, will create fresh innovations, revolutionary technologies and entirely new market opportunities for watchful, well-prepared players to target and develop.
Successful venture businesses
New start-ups are born every day in various parts of the world in order to pursue new business concepts. The attrition rate is high. Start-ups face countless obstacles in the typical environment, characterized by unpredictable investment cycles, intensely competitive product development races, high regulatory barriers, and formidable burdens of proof for the technology. Given a short time frame there is only so much the typical start-up can accomplish in terms of differentiating itself from the pack in technology and in business system development.
Big corporations' dilemmas
Sometimes it is large corporations in unrelated or peripherally related businesses which are hoping to tap into these new technologies and industries. It is surprising how many companies like this are now targeting healthcare technology related opportunities to provide future growth. Such companies usually have established businesses in their core industry sectors
with substantial engineering prowess and powerful regional or world-wide capabilities in manufacturing, marketing, and sales. Often the challenge for these new entrants is to understand how to utilize their strengths without allowing their core business perspective to unduly dominate the way they pursue the healthcare technology business opportunity.
Intelligent strategic alliances and investment relationships between start-ups and corporations can help both take important steps towards achieving their goals with respect to the healthcare technology industry. Gallasus is uniquely positioned to assist companies identify and consummate such relationships.
The power of partnership can catalyze accelerated future growth.